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Kamil Makieła
Kielce University of Technology
11Publications
4H-index
29Citations
Publications 11
Newest
#2Kamil MakiełaH-Index: 4
The purpose of this paper is to investigate determinants of foreign direct investments (FDI) in the Visegrad Group countries. The theory indicates that FDI are mainly driven by market and efficiency seeking motives. Foreign investors are looking for a productive and relatively low‑cost business environment, which leads us to the assumption that productivity is one of key drivers of foreign capital. In order to verify this, we formulate a model based on a system of two equations: one for producti...
#1Jacek OsiewalskiH-Index: 1
Last.Kamil MakiełaH-Index: 4
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A purely Bayesian vector autoregression (VAR) framework is proposed to formulate and compare tri-variate models for the logs of the economy-wide aggregates of output and inputs (physical capital and labour). The framework is derived based on the theory of the aggregate production function, but at the same time, accounts for the dynamic properties of macroeconomic data, which makes it particularly appealing for modelling GDP. Next, using the proposed framework we confront a-theoretical time-serie...
The impact of foreign direct investment (FDI) on growth remains a thorny question for researchers and policy makers. At the theoretical level it has been argued that FDI is growth enhancing. However, existing empirical studies have left researchers and policy makers perplexed as these studies do not appear to find a strong relationship between the two variables. This paper departs from the existing literature by exploring the transmission channels from FDI to growth. The results, based on a samp...
#1Kamil MakiełaH-Index: 4
#2Jerzy MarzecH-Index: 5
Last.Andrzej PisulewskiH-Index: 2
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The aim of this study was to assess changes in productivity of dairy farms after Poland’s accession to the European Union using a new decomposition of output growth within a stochastic frontier framework. We demonstrate how changes in economies of scale can be isolated, which leads to redefined components of output growth and a better measure of productivity growth. The productivity component is disaggregated to its three generic sources: total scale change, real technical change and efficiency ...
The paper investigates Bayesian approach to estimate generalized true random-effects models (GTRE). The analysis shows that under suitably defined priors for transient and persistent inefficiency terms the posterior characteristics of such models are well approximated using simple Gibbs sampling. No model re-parameterization is required. The proposed modification not only allows us to make more reasonable (less informative) assumptions as regards prior transient and persistent inefficiency distr...
#1Kamil MakiełaH-Index: 4
#2Jerzy MarzecH-Index: 5
Last.Andrzej PisulewskiH-Index: 2
view all 3 authors...
The aim of this study is to assess changes in productivity of Polish dairy farms after Poland’s accession to the EU. In order to do so a new decomposition of output growth is proposed in a stochastic frontier framework. We show how changes in economies of scale can be isolated, which leads to redefined components of output growth and a better measure of productivity growth. The productivity component is now disaggregated to its three generic sources: total scale change, real technical change and...
The paper discusses Bayesian productivity analysis of 27 EU Member States, USA, Japan and Switzerland. Bayesian Stochastic Frontier Analysis and a twostage structural decomposition of output growth are used to trace sources of output growth. This allows us to separate the impacts of capital accumulation, labour growth, technical progress and technical efficiency change on economic development. Since estimates of the growth components are conditioned upon model parameterisation and the underlying...
The purpose of this paper is to elucidate some information on what impact pro environmental actions have on countries’ global economic performances. Is there really a trade-off on a macro scale between “going green” and economic performance? The world economy has significantly expanded within the last four decades and started to exceed the Earth’s resources capacity. Many forms of environmental degeneration such as soil erosion, aquifer deficiency, rangeland deterioration, air pollution, and cli...
#1Kamil MakiełaH-Index: 4
This article presents a parametric approach to healthcare system productivity analysis across the USA between 2000 and 2003. Though similar productivity analyses have been made on a country level, little research is devoted to state-level healthcare efficiency analysis. Hence, the aim of this exercise is to compute the so-called technical frontier also known as the best practice frontier which represents maximum obtainable output given inputs. The difference between each state’s health level and...
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